Litecoin Surges 10.51% to $117.275, Marks Largest Daily Gain Since January
Litecoin Surges 10.51% to $117.275, Marks Largest Daily Gain Since January
Litecoin experienced a notable surge, trading at $117.275 on the Investing.com Index, marking a 10.51% increase, its largest daily gain since January 30. This upward movement boosted its market cap to $8.795B, representing 0.28% of the total cryptocurrency market.
Litecoin's Market Cap and Trading Range
Litecoin's market cap reached $8.795B, a fraction of its historical peak of $25.609B. Over the past 24 hours, it traded between $107.168 and $117.275, reflecting volatility and investor interest.
Weekly Gains and Volume
The cryptocurrency showed a 19.83% increase over the past week, with a 24-hour trading volume of $1.056B, representing 1.02% of the total crypto volume.
Litecoin's Long-Term Perspective
Despite recent gains, Litecoin remains 72.08% below its December 2017 all-time high of $420.00, highlighting the long-term volatility in its value.
Performance of Other Major Cryptocurrencies
Bitcoin rose 0.77% to $97,840.5, dominating the market with a cap of $1,938.072B. Conversely, Ethereum dipped 0.79% to $2,646.88, with a market cap of $318.814B, showcasing varied movements in the crypto market.
What is Coinefficiency?
Coinefficiency is your go-to platform for optimizing cryptocurrency trading, investments and strategies. We provide a comprehensive suite of tools to analyze market trends, monitor price movements, and execute effective trading strategies. Whether you're a seasoned trader or new to crypto, Coinefficiency helps you maximize your profits with data-driven insights.
Why Use Coinefficiency?
- Advanced market analytics to identify trading opportunities.
- Compare markets relative performance.
- Understand market cycles over time. See market levels.
- Compare buy-and-hold, portfolio rebalancing, Dollar-Cost-Averaging trading strategies.
With Coinefficiency, you can stay ahead of the market and execute efficient trading strategies effortlessly.
Get Started with Coinefficiency
Ready to optimize your crypto investments? Take control of your portfolio with cutting-edge tools designed for both beginners and experts.